Governor Doug Ducey announced Arizona’s booming economy has added more than 400,000 new jobs since 2015 and the state’s unemployment rate has plummeted to 4.1 percent — the lowest since December 2007. Speaking at a groundbreaking event for Sunlit Chemical in Phoenix, Governor Ducey announced the state’s latest economic achievements, referring to the latest employment report by … [More]

In the week ending January 15, the advance figure for seasonally adjusted initial claims was 286,000, an increase of 55,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 230,000 to 231,000. The 4-week moving average was 231,000, an increase of 20,000 from the previous week's revised average. The previous week's average was … [More]

The home shopping season appears to already be in full swing, as anxious buyers outnumbered dwindling new listings and drove inventory to record low levels in December. Limited supply is already pushing price growth up, as Zillow®'s latest market report1 shows monthly home value appreciation accelerated for the first time since July.   In addition to not wanting to wade into … [More]